VIEWS: 5 PAGES: 3 CATEGORY: Social Sciences POSTED ON: 5/22/2010
The evidence is everywhere: Canada's publicly owned infrastructure -- roads and bridges, transit systems, hospitals, universities, schools, water and waste treatment facilities, cultural and recreational facilities -- need rehabilitation and/or new construction, placing great demands on federal, provincial, and municipal governments. The best way to assess project certainties and ensure a successful partnership is to adopt a lifecycle approach that takes all phases of the project into account. The key initial steps in the lifecycle are: 1. Assess the condition of existing infrastructure. 2. Consider alternative delivery options. 3. Invest in the need for business transformation. 4. Assess the necessary skill shift required by staff. Each infrastructure project will have its own specific risks. Identifying, prioritizing, and allocating these risks for the identification of different partnership alternatives can be a cumbersome and costly exercise. It can be simplified by assigning responsibility for six high-level components, along with considering their associated risks: 1. design, 2. construction, 3. financing, 4. operation, and 5. maintenance.
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